Hi guys I love you all so much, I have 3 different drafts in tow and this is none of them, but I still get that itch to write everyday, even when I don't manage to finish. Much of the fun details, the ins and outs of life, are in these other blogs, and looks like soon I will be getting a new phone if everything goes well.
Today's post started with this:
https://twitter.com/andrarchy/status/1607530019298893824
- andrarchy
This connected with me wildly, and I'm not sure if I will be able to explain this to people outside my age range - but when I was in highschool, I was taught how to be 'good at google' but a fellow student, who we all lovingly nicknamed 'The Magellan of the Internet'.
You see we weren't kids raised on computers, and if our parents understood something, it was hardware. The navigation of the internet is a culture that developed AS I DEVELOPED (people in my age range). Some of us learned to get good, others took longer. But for years people would email me to ask for a magnet link to a torrent or a guide on some topic, because they didn't feel comfortable navigating the internet, and I did. I was 'good at Google', which of course is a simplification.
So when @andrarchy said this, I suddenly knew I had to try it.
I decided to try to test it with a concept most people barely understand, that of impermanent loss. This is my story.
As an opener, I got it to define the concept. It seemed pretty happy to spout the confusing definitions accepted around the internet. But I could already see the threads laid bare, look at this conclusion: "You can avoid the loss if Asset A decreases in price". This is hilarious by any metric, and gives me an opening for a challenge.
Okay, the computer gets it. Let's see if we can dig a little deeper here, I am starting to honestly wondering if I can get far enough into this conversation where I might actually learn something. Let's see!
After a bit of small talk, I ask it for a table that I am sure I have seen somewhere on the internet. Can it even give me a table?
Well, maybe, but look at this, new info! Suddenly I have learned something, although not very deep, I think I could have guess that there were more than one way to calculate this poorly defined concept. But this gets me thinking.... Probably the delta method was the source of the table I am thinking of.
This chatGPT loves numbers! Be careful because they are not always right (just like being good at Google never meant believing everything you found), and with a few more questions I try to challenge the (incorrect) assumption that falling prices can increase portfolio value if it returns your pooled assets to the right ratio.
But this proves harder than I thought and bores me pretty quickly. Everything depends on everything else, right.
So I jump to the yield question. What do you think about yield computer?
This sparks something in my mind, probably my greatest trick has been to VERY carefully select the assets I trade with. Does the AI already understand my trick? Well, it seems to grasp the outlining concepts:
I'm not convinced it taught me anything new here, but as an activity to explore the depth of this conversation robot, I do find it interesting. Probably the nuance of this is not something that can be explained by a robot in generic terms. Yet?
I start getting a little conversational, and this robot suddenly transforms into a lawyer!
The thing about humans is....
I think I am coming to the end of this conversion. Now that I have signed up, I am interested in using this bot for all the things I can think of. I just haven't thought of them all yet.
I wonder.....
There is definitely a lot of potential here, go ahead and try it here if you are interested: https://chat.openai.com/